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An update from One 97 Communications Ltd. ( (IN:PAYTM) ) is now available.
One 97 Communications Limited has announced the approval of granting 246,261 stock options to eligible employees under its Employees Stock Option Scheme 2019. This move, approved by the Nomination and Remuneration Committee, reflects the company’s commitment to rewarding its workforce and aligning employee incentives with company performance. The announcement also noted the lapse of 969,511 stock options and the cancellation of 4,557 options, indicating a strategic management of its stock option plans. This development could potentially enhance employee retention and motivation, thereby impacting the company’s operational efficiency and market positioning.
More about One 97 Communications Ltd.
One 97 Communications Limited operates in the digital payments and financial services industry, primarily known for its flagship brand Paytm. The company offers a range of services including mobile payments, e-commerce, and financial technology solutions, focusing on the Indian market.
Average Trading Volume: 949,014
Technical Sentiment Signal: Buy
Current Market Cap: 798.1B INR
For an in-depth examination of PAYTM stock, go to TipRanks’ Overview page.